The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.It's not exactly new and yet it still takes your breath away.It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population.
My guess is that anyone who imagines there isn't going to be a blood bath is living in Disneyland. This time the "terrorists" are well-groomed ... and far more frightening.
I don't expect much of a revolution in the u.s.
ReplyDelete